Enterprise (EPD) Misses on Q2 Earnings, Revises Capex Outlook

Enterprise Products Partners LP's (EPD) second-quarter 2024 adjusted earnings per limited partner unit of 64 cents missed the Zacks Consensus Estimate by a penny. However, the bottom line increased from the yearago quarter's 57 cents. Total quarterly revenues of $13.5 billion missed the Zacks Consensus Estimate of $13.8 billion. The top line improved from the $10.7 billion reported in the prior-year quarter. Weaker-than-expected quarterly results can be attributed to lower contributions from the Crude Oil P ...